Which cloud and software stocks are halal? Of the 22 names on this list, 17 pass AAOIFI screening today, 2 are doubtful and 3 are not halal. The halal names right now include Microsoft Corporation (MSFT), Salesforce, Inc. (CRM), ServiceNow, Inc. (NOW) and 14 more.
Halal Cloud and Software Stocks
22 names, live verdicts, AAOIFI Standard 21
Subscription software throws off cash, which sounds safe until that cash sits in interest-bearing accounts. Interest income against revenue is the ratio software names trip on most, and it is why two companies with near-identical products can land on different verdicts. Every name below is checked against the same limits.
17
Halal
2
Doubtful
3
Not Halal
Halal (17)
Microsoft Corporation
$507.29
-0.13%
Salesforce, Inc.
$257.54
-2.09%
ServiceNow, Inc.
$142.90
-1.85%
Snowflake Inc.
$319.80
+3.00%
MongoDB, Inc.
$453.37
-4.95%
Zscaler, Inc.
$188.39
+6.12%
Okta, Inc.
$166.43
+4.23%
CrowdStrike Holdings, Inc.
$231.00
-0.64%
Palo Alto Networks, Inc.
$382.13
+4.61%
Adobe Inc.
$292.79
-2.71%
Intuit Inc.
$359.30
+7.04%
Atlassian Corporation
$194.17
+1.85%
Shopify Inc.
$147.37
-0.12%
Unity Software Inc.
$40.92
-3.45%
AppLovin Corporation
$395.90
-1.97%
Alphabet Inc.
$339.35
-1.06%
Amazon.com, Inc.
$259.77
-3.06%
Doubtful (2)
Not Halal (3)
How this list is screened
Every name is checked the same way: first the business itself (no core revenue from interest-based finance, alcohol, gambling, pork, adult content or tobacco), then three ratios against market cap and revenue: interest-bearing debt under 30%, interest-bearing deposits under 30%, and prohibited income under 5%. A name that passes the business test but sits close to a ratio limit is marked Doubtful. Verdicts are re-screened on a schedule and after earnings, which is why a list like this changes.
HalalScreener screens; it does not certify. A verdict is an application of AAOIFI Standard 21 to public financial data, not a fatwa. Ask a qualified scholar for a personal ruling.
Purification calculator
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